Australia ASX 20 Stock trading strategy - Saturday, May 29, 2021
Australia Stock Market Trend Forecast (Reference only)
Gold : Buy-Hold, Target 2,603 (9.92%), Current 4.2%, Base 2,368 on May 16, 2021, Holding days 13, (XAU/AUD, 1 oz Gold in Australian dollar)
ASX200 : Buy-Hold, Target 8,750 (40.9%), Current 15.61%, Base 6,210 on Nov 8, 2020, Holding days 202, (S&P ASX 200 Index, ASX: AP Futures)
AMC : Buy-Hold, Target 25 (55.76%), Current -4.98%, Base 16.05 on May 9, 2021, Holding days 20, (Amcor, ASX: AMC)
ANZ : Buy Dip, Target 40 (40.99%), Current 1.73%, Base 28.37 on May 29, 2021, Holding days 0, (ANZ Bank, ASX: ANZ)
BHP : Buy-Hold, Target 74.3 (95.47%), Current 26.7%, Base 38.01 on Dec 1, 2020, Holding days 179, (BHP, BHP Billiton, ASX: BHP)
CBA : Buy-Hold, Target 149 (112.86%), Current 43.66%, Base 70 on Nov 6, 2020, Holding days 204, (Commonwealth Bank, ASX: CBA)
CSL : Buy-Hold, Target 375 (31.9%), Current 1.7%, Base 284.3 on May 23, 2021, Holding days 6, (CSL, Commonwealth Serum Laboratories, ASX: CSL)
GMG : Buy-Hold, Target 26.5 (46.57%), Current 6.91%, Base 18.08 on Apr 1, 2021, Holding days 58, (Goodman Group, ASX: GMG)
MQG : Buy-Hold, Target 190 (50.41%), Current 20.7%, Base 126.32 on Nov 2, 2020, Holding days 208, (Macquarie Group, ASX: MQG)
RIO : Buy-Hold, Target 165 (61.92%), Current 20.73%, Base 101.9 on Dec 1, 2020, Holding days 179, (Rio Tinto, ASX: RIO)
SUN : Buy, Target 22 (96.96%), Current 0%, Base 11.17 on May 29, 2021, Holding days 0, (Suncorp, ASX: SUN)
TCL : Buy-Hold, Target 18.25 (33.5%), Current 1.68%, Base 13.67 on Apr 10, 2021, Holding days 49, (Transurban, ASX: TCL)
TLS : Buy-Hold, Target 5.45 (58.89%), Current 1.75%, Base 3.43 on Apr 10, 2021, Holding days 49, (Telstra, ASX: TLS)
WES : Buy-Hold, Target 81 (49.42%), Current 2.43%, Base 54.21 on May 23, 2021, Holding days 6, (Wesfarmers, ASX: WES)
WOW : Buy-Hold, Target 63.5 (53.09%), Current 1.04%, Base 41.48 on May 23, 2021, Holding days 6, (Woolworths, ASX: WOW)
Note: Trading strategies are based on forecasts for the future, so they may be right or wrong. I hope you make a better strategy of your own by referring to the above and get a lot of profit from good trading.
Gold : Buy-Hold, Target 2,603 (9.92%), Current 4.2%, Base 2,368 on May 16, 2021, Holding days 13, (XAU/AUD, 1 oz Gold in Australian dollar)
ASX200 : Buy-Hold, Target 8,750 (40.9%), Current 15.61%, Base 6,210 on Nov 8, 2020, Holding days 202, (S&P ASX 200 Index, ASX: AP Futures)
AMC : Buy-Hold, Target 25 (55.76%), Current -4.98%, Base 16.05 on May 9, 2021, Holding days 20, (Amcor, ASX: AMC)
ANZ : Buy Dip, Target 40 (40.99%), Current 1.73%, Base 28.37 on May 29, 2021, Holding days 0, (ANZ Bank, ASX: ANZ)
BHP : Buy-Hold, Target 74.3 (95.47%), Current 26.7%, Base 38.01 on Dec 1, 2020, Holding days 179, (BHP, BHP Billiton, ASX: BHP)
CBA : Buy-Hold, Target 149 (112.86%), Current 43.66%, Base 70 on Nov 6, 2020, Holding days 204, (Commonwealth Bank, ASX: CBA)
CSL : Buy-Hold, Target 375 (31.9%), Current 1.7%, Base 284.3 on May 23, 2021, Holding days 6, (CSL, Commonwealth Serum Laboratories, ASX: CSL)
GMG : Buy-Hold, Target 26.5 (46.57%), Current 6.91%, Base 18.08 on Apr 1, 2021, Holding days 58, (Goodman Group, ASX: GMG)
MQG : Buy-Hold, Target 190 (50.41%), Current 20.7%, Base 126.32 on Nov 2, 2020, Holding days 208, (Macquarie Group, ASX: MQG)
RIO : Buy-Hold, Target 165 (61.92%), Current 20.73%, Base 101.9 on Dec 1, 2020, Holding days 179, (Rio Tinto, ASX: RIO)
SUN : Buy, Target 22 (96.96%), Current 0%, Base 11.17 on May 29, 2021, Holding days 0, (Suncorp, ASX: SUN)
TCL : Buy-Hold, Target 18.25 (33.5%), Current 1.68%, Base 13.67 on Apr 10, 2021, Holding days 49, (Transurban, ASX: TCL)
TLS : Buy-Hold, Target 5.45 (58.89%), Current 1.75%, Base 3.43 on Apr 10, 2021, Holding days 49, (Telstra, ASX: TLS)
WES : Buy-Hold, Target 81 (49.42%), Current 2.43%, Base 54.21 on May 23, 2021, Holding days 6, (Wesfarmers, ASX: WES)
WOW : Buy-Hold, Target 63.5 (53.09%), Current 1.04%, Base 41.48 on May 23, 2021, Holding days 6, (Woolworths, ASX: WOW)
Note: Trading strategies are based on forecasts for the future, so they may be right or wrong. I hope you make a better strategy of your own by referring to the above and get a lot of profit from good trading.
